Wrightsville Beach condos for sale are the bomb! And they offer a variety of scenarios including oceanfront, boat slips, ICW or ICWW views and walking to numerous restaurants and coffee shops not to mention short walks to the beach. The Wrightsville beach condos and townhouses range in HOA fees from $250-650/month. So you can find condos that support 25' boat slips or those that offer 55' boat slips. You can find Wrightsville Beach townhouses that are truly ocean front or that cost a fraction as much but are a short walk to the beach on Harbor Island. And some condominiums like Shell Island Resort offer great investment vacation rentals that one can use as a 2nd home while receiving big cash flow each month for much of the year.
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Ultimate guide for wrightsville beach condos for sale
1. Ultimate Guide to Buying a
Wrightsville Beach Condo
for Sale
Building by building
what are the
Wrightsville Beach
condos worth? What
are the HOA condo
fees? How much
are the different size
units worth in each
building? What
should I offer? etc.
2.
3. Shell Island Resort
Shell island Resort is known as a condotel. That is to say it is overwhelmingly
owned by investors who rent their units out on vacation rental programs where
a new renter (usually vacation rentals) occupies each week. They have great
returns $$$$ profits, but I'll save that for another post. All the units are 2/2s.
In other words they are 2 bedrooms and 2 bathrooms and usually sleep 6-8
with oceanfront views of course. currently there 6 active listings for sale.
Usually there are 4-5. What are they worth and what are the nuances?
4. All Wrightsville Beach condos for sale can be found here http://wilmington-real-estate.
com/wrightsville-beach-condos-for-sale-nc-and-foreclosures/
Shell Island Resort Values
Almost no banks offer mortgages on this
condo, but I have a lender who does.
1. The lower floors such as 2-4 sell for $230-240,000
2. Most other floors that are interior units (not end
units with beach views from 2 different sides) sell for
$240-260,000. An 8th floor unit sold for $265,000
in July 2013.
3. The end units is where the values go up. Even on
lower floors they can sell for upper $200 and midlevel floors and higher are worth $300,000 for the
end unit Shell Island Resort Condos.
Amenities and HOA:
$525/month Cable, Community Pool, Ext. Bldg Maint,
Fitness Center, Flood Insurance, Laundry Facility,
Management Fee, Water, Other
Neighborhood Amnty
Exercise Room, Laundry Room, Pool
5. Wrightsville Dunes Condo
Wrightsville Dunes are the bomb. They are one of the most high end condos in
Wrightsville Beach. With just a few sales a year they are hard to come by. They
range in square footage from 1444 up to 2240. "Community offers multiple
pools, multiple private beach access, private tennis, and ample parking for
owners & guests." So what are they worth and what are they closing for?
6. 1. The units with 1450-1550 square feet are
listing for 675-700,000 on the 2nd floor the
Wrightsville Dunes
2A and 2B units. The nuts have 2 baths.
However the "Sterling Edition" units are
worth $730-750,000 and have 3 full baths.
2. Top floor units on the 3rd floor are worth
in the $800s and 900s. The last one closed
for $900,000 but that was 2/13/2012 and
prices have come down since then for the
market.
3. The largest size home which is an end
unit list at $1.5M but their value is up in
the air right now as they sell very rarely.
Amenities and HOA:
$460-475/month Cable, Community Pool,
Ext. Flood Insurance, Tennis, Termite Bond,
Neighborhood Amnty Pool, Tennis
8. Cordgrass Bay
Overlooking Wrightsville Beach
“lolly pop” on the north side, the
units come with community boat
dock and either ownership or
lease of 24’ boat slip.
2 units sold in 2012 for $550,000 (1320
square feet) and $600,000 (1556 square
feet) respectively.
Units with less exhilarating views list lower
at $529,000 to start.
9. Duneridge Resort
Almost all the units at Duneridge Resort condo are 1400
square feet. There is a larger 3 bedroom 3 bath size which
is very rare with 1800 square feet.
10. Duneridge
Resort
1. Mostly the units list in the 800-850 range depending on renovations and have 1400 sq ft.They are
usually worth $840-850,000. Top floor units can be worth in the low 900s.
2. The last one sold for $875,000 that was a 3 bedroom unit with 1800 square feet. However as you can
imagine is was not renovated at all. If it was in top condition it could have listed for $1,000,000 and
sold for $950,000. In fact a smaller unit sold for $925,000 last year (prices are down since a bit), but it
was renovated and on the top floor.
Amenities and HOA fee: $480-$520/month 240 people Club House, Pets Ok, Pool, Tennis
Community Pool,
11. The Islander Condominium
The Islander
Condominium
condos range in size
from 1100-1425
square feet. The
great majority of
sales are in the
$500,000s.
12. The Islander Condominium
1. Units range from 1100-1482 square feet.
2. The condos are worth $500-530,000 most of
the time. End units that such as the #A tier carry
much more value with ocean views on 2 walls.
#3A unit just closed 9/13/2013 for $600,000.
3. A higher end unit could go as high as
$700,000. they are very rarely available.
Amenities and HOA fee:
$447/month for smaller units 1100 sq ft. and $525 for larger
units. Elevator service, covered loading/unloading, ample
parking On-site management, private tennis court.
13. Summer Place
In this boutique condominium only
2 units sold in past year. They
offer great value for those wanting
to be very near one of the
classiest beach on the east coast-Wrightsville Beach condos. Centrally
located on the island within short walking
distance to the beach, Mercer's Fishing
Pier, local eateries and shops. less than
400 feet to the beach strand.
1. units are 550-575 square feet.
2. Units sell for $200-$215,000. Last unit
sold in 2 weeks.
Amenities and HOA fee:
$378/month No amenities
14. Station One Condo
Units range 942 - 1504 square feet. Most units sell $500-525,000 for the units 1100 square feet and
under. You can from the photo on the next slide it has as good as a view with landscaping and pool
that you can be found on the island.
The larger units have sold for $849,000 and $845,000 in the Summer and Fall of 2013. They can be
3 bedroom condos or townhouses.
Amenities and HOA fee: $440-610/month
lush grounds, pool, clubhouse, tennis court,
basketball court, stainless grille's and picnic area. garage with overflow parking for owners and
guests.
16. Seapath Towers
Seapath Towers condo is a landmark of sorts for Wrightsville Beach as it marks your entry
onto the island crossing the bridge. It overlooks the ICW -- intractoastal wateway (ICWW)
with gorgeous views. Some units come with boat slips and slips are available for rent as well.
It truly offers a low maintenance version of the boater’s life.
17. Seapath
Towers for
sale
Units are 1050-1100 sq ft. Usually they sell for $350-375,000. However depending on the floor and
views they can sell easily for $450,000.
Amenities and HOA:
Fees are $375-410/month. pool, tennis, grill and
picnic area, lounge w/wet bar, bike storage, plenty of parking
18. Seacrest Villas
Seacrest Villas is near Seapath
Towers and along Motts Channel.
So top floor can have some partial
water views. Walking distance to
Marina district restaurants such as
Bluewater Grille, etc. Located
steps away from Atlantic Marine &
Marine Max dry storage boating
facility
The lower units sell for $260,000
and the higher units if very
renovated are worth $315,000.
Amenities and HOA fee:
$350/month. Boat slip lease
available.
19. Channel Walk
Channel Walk townhouses
on Lees Cut off of the ICW Intracoastal Waterway
offer both waterfront $$$$ and interior Wrightsville
Beach townhouses for sale.
20. Channel Walk
The Channel Walk townhouses have 3 tiers
of value--waterfront and interior lots and
interior lots with some “unobstructed” water
views. The waterfront units come with 35
foot boat slips.
The square footage of these units range
from 1300-1800 square feet.
1. The smaller interior units are just worth
around $250,000.
2. The mid-size units with some water views
are $350-390,000.
3. and the larger waterfront homes that are
the bomb in a class by themselves are
closing for $735,000 and $775,000 in the
past year.
Amenties and HOA fees:
Fee is
$320/month and those with a boat slip pay
$700/annual in addition. There is a
neighborhood pool.
21. Lees Cut at Channel
This townhouse community is very similar to Channel Walk sharing
views of Lees Cut off the ICW. Units vary depending on lot water
features.
22. Lees Cut at Channel
Units range from 1385-1547 square feet. The primary
distinguishing feature though is whether the unit fronts the
water or not. Most units have 25’ or 30’ boat slips.
The interior units are worth $460-485,000 and the
waterfront units have been closing for $680,000. 2 of those
sold in 2013 for same price.
What is interesting is that one was listed for 699 and the
other for 759,000...but both ended up at same place. The
market value usually rules over any list price games.
23. Lumina Club Townhouse
Townhomes come with assigned boat slips and practicall have their own private beach. Units are
1600-1800 sq ft and sell for $485,000-600,000 depending on renovations.
26. Moorings Condo
This is a very small community of townhouses
that boast 55 foot boat slips on Harbor Island.
The price range from $500-650,000. Usually
they close $575-600. A foreclosure in original
condition sold $426,000 last year 2012.
HOA fee is
600/month
27. Right here you can view all Oceanfront real estate in Wrightsville Beach.